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This category is the head of all Forex Subjects, including Daily market analysis, Forex Education, Forex Brokers, Strategies, Videos, and Guides.

Forex Chart Patterns Might Be an Illusion

If you are new to forex trading, chart patterns are likely to attract your attention quickly because the trader community is full of praises...

How Important are Chart Patterns in Forex?

Chartist analysis in forex consists of identifying figures on the price chart, these are usually repeated historically so you can practice in their identification, also they are usually formed in different financial instruments and periods of time, and through them, it is possible to predict with some reliability where the next price movement will follow. It is perhaps the most classic form of analysis in Forex and surely one of the most effective, so your knowledge is always very advisable.
Regular and Inverse Head & Shoulder Pattern

Chart Patterns: The Head And Shoulders Pattern

The Head And Shoulders Pattern

How do public holidays affect the Forex market?

https://youtu.be/LMWlVGYKk2c

Top 10 Fun Facts About Forex Trading

When it comes to forex and trading, there is loads of information out there, it also has a very rich history, so when we...

Hot Forex – HF Markets Review

Hot Forex is a brand of HF markets Group, which is regulated by several entities, including the FCA, DFSA, CIF, CySEC, FSC, FSCA, and...

How to Analyze the Zigzag Pattern – Intermediate Level

The zigzag pattern is a three-wave structure that has a limited number of variations. In this educational post, we'll present how to analyze the zigzag pattern under an intermediate level perspective,

BLU FX Review

BluFX is a foreign exchange broker that works in a slightly different way to traditional brokers by introducing a subscription-based model. In doing this,...

The US Printed More Money in June Than In Two Centuries!

https://youtu.be/qsTy1JTGlJc

When Can I Trade? Let’s Review Forex Market Trading Sessions &...

The Forex Market is open for trading 24 hours a day, five days a week. The market is divided into 4 different sessions depending...

Trading System design -Creating Your Strategy with Tradingview’s Pine Script –...

In part 1 of this article series, we have created the Stochastic RSI indicator as part of our idea for a scalping strategy. Now that we have it functional, we will make the bull/bear phases and visually inspect whether it captures the turning market's turning points.
Timepsan Principle - Combined Counts

The Three Principles – Timespan Principle

The Three Principles – Timespan Principle In another correlation to Western analysis, Hosada’s Ichimoku Kinko Hyo system has a timing component within the system. The numbering system used in Ichimoku
Bearish Ideal Ichimoku Strategy Entry

Ichimoku Strategy #1 – The Ideal Ichimoku Strategy

The Ideal Ichimoku Strategy is the first strategy in my series over Ichimoku Kinko Hyo. There are two sides to a trade, and so there will be two different setups

SSL Indicator Methods that You Can Put to Use Today

As any forex trader worth their salt knows, there are a bewildering number of indicators out there to choose from – which is why...

LetsTrade Review

LetsTrade is a foreign exchange broker registered and authorized in Cyprus by the Cyprus Securities and Exchange Commission (CySEC). LetsTrade claims to be one...

What Should You Know About Forex Brokers?

Introduction In the previous article, we have discussed an overview of the financial industry. Now we know that the entire Forex market is about buying and selling of currencies. The

Positive Thinking = Positive Trading: The Power of Positivity

Staying positive can be difficult, especially when things are no longer going your way, and when trading in the markets, there are countless things...
Step Four - Reentry

Ichimoku Kinko Hyo Guide – A walk through a trade.

Ichimoku Kinko Hyo Guide – A walk through a trade. I want to preface this guide with a screenshot of my account. [caption id="attachment_48804" align="aligncenter" width="1920"] Trade History[/caption] The

Everything You Need to Know About Using MACD (Moving Average Convergence...

Moving averages identify trends when filtering price fluctuations. Under this idea, Gerald Appel, an analyst and portfolio manager from New York, developed a more...

NicoFX Review

NICOFX is a Cypriot broker that primarily deals in Forex trading. The NICOFX website is available in several languages, including English, German, Spanish, Malay,...

Corrective Waves and the Flag Pattern

Is it possible to simplify the wave analysis and compare it with classic chartist patterns? Identifying Elliott Wave patterns can seem confusing, especially if you are looking to differentiate between a flat or a zigzag pattern. In this educational article, we will look at some of Elliott’s patterns and compare them to traditional chartist figures.
video

How To Make Profit Using The Box Trading Strategy – 144...

https://youtu.be/bFx6Mz7OcC4

How to Make Real Money with a Forex Demo Account

A demo account serves as a simulation account that traders can use to practice trading in a live environment with virtual currency. Opening a...

If You Don’t Learn About the Pygmalion Effect Now, You’ll Hate...

The Pygmalion Effect (or Rosenthal Effect), named after the legendary namesake king of Cyprus and renowned sculptor who fell in love with a female...

Microeconomics and Macroeconomics: Are They Necessary In Forex Trading?

If we want to take our Forex trading to a higher level, it is necessary to have some knowledge of microeconomics and macroeconomics. Perhaps...
K-Cross Strategy Bearish Entry

Ichimoku Strategy #2 – K-Cross, The Day Trading Strategy

The Kijun-Sen Crossover (Crossunder) Strategy is the second in my series over Ichimoku Kinko Hyo. There are two trades setups provided for the long and short side of a market.

Analysis and Trading with Triangles

In our previous article, we discussed how we could simplify the zigzag and flat pattern by the chartist figure known as a flag. In this educational article, we will see how triangles can be used in wave analysis.

What Equipment Do I Need to Trade Forex?

So, you want to start trading on Forex, but don’t know what equipment you need? Scared that you might start something and then realize...

Chart Patterns: Broadening Patterns

Chart Patterns – Broadening Pattern & The Diamond Pattern
Falling Wedge

Chart Patterns: Wedge Patterns

Wedge Patterns

Analyzing the Triangle Pattern – Intermediate Level Part 3

In the previous article, we expanded the ideas of the triangle pattern; in particular, we talked about the contracting triangle and its variations. In this last part dedicated to the triangle pattern, we will review the non-limiting triangle.
video

Forex – How To Sell At The Top & Buy At...

https://youtu.be/5HF6pL6h3Xs

Top Four Questions For a Professional Prop Trader

Becoming a professional prop trader is not easy. The positive results of trading and effort come after a few years. Whatsmore, they may not...

The Three Principles – Wave Principle

A man named Hidenobu Sasaki brought Hosada’s Ichimoku system and the three principles to contemporary times. He worked for Citigroup in Japan when he published his 1996 book, Ichimoku Studies.

The ATR Indicator and Volatility in Trading

Have you ever considered how to use volatility in your trading? How to apply some filters according to their behavior? The ATR indicator can...
Ascending Triangle

Chart Patterns: Ascending Triangles

[caption id="attachment_57083" align="aligncenter" width="3338"] Ascending Triangle[/caption]

The 5 Best Forex Indicators

Forex indicators use mathematical calculations to measure things like volume, exchange rates, open interest, etc. about a currency pair to let traders know if...

The Traders Domain Review

The Trader’s Domain is a forex brokerage company located in St. Vincent & the Grenadines. The company describes themselves as being built by traders, for traders, with a focus on

Monte Carlo Simulation Testing in Forex Trading

As a trader, when you need to calculate the risk or consistency of your trading system you need to test your trading systems. The...
Throwback

Chart Patterns: Pullback and Throwbacks

The most common term people associate with retracements in price that retest prior areas of support or resistance is a pullback. There is another...

The Fundamentals of the Japanese Yen (JPY)

In terms of popularity, the Japanese yen (sign: ¥, code: JPY; meaning: circle, round object) ranks third among the eight most traded currencies in the world, only preceded by the USD and the EUR. This currency forms some of the most traded crosses as well, such as the USD/JPY currency pair that holds an 11% volume of all trades worldwide. As such, the JPY is also one of the most liquid currencies and enjoys the status of a reserved currency in many countries around the globe.